6925 S Franklin Rd Indianapolis, IN 46259
For Lease
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This newly constructed, Class A retail center in Indianapolis, Indiana totals 10,800 square feet and features three available suites ranging from 1,800 square feet to a total of 5,400 square feet. Located at the northeast corner of Southport Road and Franklin Road in Marion County, this property boasts a prime location within Franklin Township, offering excellent visibility and accessibility. The center is situated near Franklin Central High School and five elementary schools, ensuring a strong daily traffic flow. Existing tenants include Cold Stone Creamery, Magoo's Pizza, and Fashion Nail Spa, creating a vibrant and attractive retail environment. The property offers pylon signage opportunities and features a white-box delivery, allowing for customizable build-outs. The lot size is one acre, and the building, constructed in 2023, is a single-story structure with no elevators. The zoning is Commercial Retail (APN: 49-16-07-105-010.000-300). Lease rates are $28.00-$32.00 per square foot, NNN. Strong demographics and high average household income in the area make this an exceptional investment opportunity.
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Shell Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INIndianapolis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.